Question: Solve the problem. If $300,000 is to be saved over 25years, how much should be deposited monthly if the investment earns 8% interest compounded monthly?

Solve the problem. If $300,000 is to be saved over 25years, how much should be deposited monthly if the investment earns 8% interest compounded monthly? $216.62 $180.48 $260.87 $315.45

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If $300,000 is to be saved over 25 years, how much should be deposited monthly if the investment earns 8% interest compounded monthly? Answer $216.62 $260.87 $180.48 $315.45 $960.82

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